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Correlation Analysis

Mastercard Incorporated vs Principal Financial Group, Inc.

MA vs PFG

+0.531

Moderate positive

When one moves up, the other tends to follow.

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

PFG logo

Principal Financial Group, Inc.

PFG

Principal Financial Group Inc is a financial services provider. It offers various financial products and services including retirement, asset management, and workplace benefits and protection solutions to individuals and institutional clients. The company, along with its subsidiaries, operates in the following reportable segments; Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Maximum revenue is generated from the Retirement and Income Solutions segment which provides workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities (including RILAs), pension risk transfer, and investment services to businesses, their employees, and other individuals.

Market cap 19.8B · 19,700 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancials

Time Series

Relative Performance

Green: MAGray: PFG36 of 1,254 points (sampled)

Who Moves First

in sync

MA and PFG tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.531 (they moved in the same direction).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.099

13 periods · Return correlation when both series rose

Both Falling

+0.203

7 periods · Return correlation when both series fell

Diverging

-0.568

15 periods · Return correlation when series moved apart

R-Squared

28.2%

Share of variance in one series explained by the other.

Trend Agreement

66.9%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.490, 0.570]

Scatter

XY Regression

308.1350400450500550599.559.48606570758085909595.48Mastercard IncorporatedPrincipal Financial Group, Inc.Data pointsFit (r = 0.531)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Series B

PFG logo

Principal Financial Group, Inc.

PFG

Market cap 19.8B · 19,700 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

5

Estimated crossover points between normalized spreads.

Slope

0.0504

Linear regression slope.

Intercept

55.6406

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-ma-vs-stock-pfg-daily